Care for your Community

Introducing the Crisis Care GIC

Kindred’s heart for mutual aid and walking with members through challenging times beats as strong as ever through the adversity of the COVID-19 pandemic. We’re connecting with personal and business members each day to provide solutions to each unique circumstance. We’re also reaching out on a regular basis to local organizations to understand their needs as they do all they can to support our communities.

In the midst of this crisis, we’ve been working to find new ways to support our members and community, and to find opportunities for them to help one another in this time of need. To connect us all in helping those who need us most right now, Kindred has launched the 1-year Crisis Care GIC.

The
Crisis Care GIC is a win-win-win in a time when so many have lost so much. You earn
an interest rate of 1.50% and Kindred allocates 0.25% to a pool of funds that
we will donate to organizations serving the most vulnerable. Plus, your
investment will allow us to extend financial support to more eligible Kindred
members seeking financial assistance, such as reduced interest rates or
deferred payments, when they experience financial hardship or distress as part
of the current crisis.*

And since our communities need our help now, in anticipation of our members’ interest and support for this product, Kindred will make an initial donation of $15,000 to organizations from across our branch locations at the time the Crisis Care GIC launches.

The organizations selected to receive support from the Crisis Care GIC are working to increase access to basic needs for our neighbours. By operating at a grassroots level, they work to provide a foundation of support for community members through a rapidly changing and precarious time.

For more information about the Crisis Care GIC, or to support your community through this investment, contact your local branch and speak with a member of our Investment team.

* While Kindred has extended temporary financial relief for members, including options for loan or mortgage payment deferrals, we anticipate increasing need for financial assistance when the crisis begins to subside and the temporary relief measures expire.

At Kindred Credit Union, we believe you have a better choice for banking – a place where your money can be a force for good. We're a member-owned financial cooperative based in Kitchener, Ontario. Our values-centred approach is woven into everything we do and makes us the one-of-a-kind choice for people who want to connect their values and faith with their finances. Join the conversation on social media or learn more at kindredcu.com.